Fund Manager

FUND MANAGER – EMERGING COMPANIES, SME IPO & PRE-IPOSTRATEGYLocation Reporting to Experience CoverageDubai or India Chief Investment Officer 15-20+ years INR 500–4,000 crore marketcapAbout ClientClient is an independent, multi-strategy investment firm founded in 2021 and headquartered in the DubaiInternational Financial Centre (DIFC). The firm is regulated by the Dubai Financial Services Authority (DFSA) under aCategory 2A licence and operates across Dubai, Singapore and India.• The firm is led by investment professionals with more than 100 years of collective experience across publicequities, private markets, structured products, venture-capital secondaries and private banking.• Client operates through three integrated business verticals: Asset Management, Private Wealth and OTCSecurities.• Its Asset Management platform includes the Capital Global Opportunities Fund, InvestmentOpportunities Fund and the High Conviction Equity AMC, offering India-focused and global public and privatemarket strategies.• The broader platform also provides private banking and OCIO services, fixed-income and structured-productexecution, and access to late-stage venture-capital secondaries. This gives the investment team access to a wideinstitutional network of global banks, merchant bankers, promoters, GPs, LPs and other market participants.About the Investment Platform and Fund StrategiesThe Fund Manager will join clients Asset Management division and will focus primarily on India-focused SMEpre-IPO, IPO anchor and emerging-company investments. The role may contribute across both the funds depending on theopportunity, mandate and applicable investment guidelines.Fund 1 is a SEBI-registered Category II Alternative Investment Fund with a targetcorpus of INR 400 crore and a greenshoe option of INR 100 crore. Its intended allocation is 60% to pre-IPO unlistedcompanies, 20% to follow-on investments in existing portfolio winners and 20% to selected listed-marketopportunities. The strategy invests in emerging and growth-stage Indian companies, including pre-IPO and IPO anchoropportunities, at important stages of their transition to the public markets.Fund 2 is an India-focused strategy structured through a Singapore-registeredVariable Capital Company regulated by the Monetary Authority of Singapore. The strategy has approximately USD 110million of assets under management and reported a 35.89% CAGR since inception, with audited performance datastated as of 30 March 2026.Strategy combines fundamental underwriting with active transaction sourcing, valuation and allocation negotiation, IPO-marketintelligence and disciplined post-listing portfolio management.This is not a purely desk-based listed-equity research role. Candidates must be comfortable investing in SME stocks,participating in IPO and post-listing momentum opportunities, and spending substantial time sourcing transactionsand liaising with merchant bankers, investment banks and company promoters. Candidates who are unwilling to investin this part of the market or who prefer a research-only role are unlikely to be suitable.Important role-fit clarification: This is not a conventional desk-based research role. A substantial part of the position involvessourcing SME and pre-IPO transactions, maintaining relationships with merchant bankers and investment banks, negotiatingvaluation and allocation terms, and making time-sensitive IPO participation decisions. Candidates uncomfortable with SMEequities, IPO momentum or transaction-oriented market liaison are unlikely to be suited to this role.Role OverviewThe Fund Manager will be accountable for investment performance across the complete lifecycle: sourcing, screening,due diligence, transaction negotiation, Investment Committee recommendations, portfolio construction, trading,monitoring and exit. The successful candidate must combine rigorous fundamental judgement with strong commercialinstincts and the ability to build trusted relationships across India’s capital-markets ecosystem.Key Responsibilities1. Deal Sourcing and Capital-Markets Relationships• Build and continuously expand a proprietary pipeline of SME IPO, Mainboard IPO anchor, pre-IPO and listed smallcapopportunities.• Maintain frequent, high-quality engagement with merchant bankers, investment banks, brokers, promoters,lawyers, chartered accountants, company secretaries and sector specialists.• Originate opportunities proactively rather than relying only on inbound investment decks or public-market screens.• Negotiate entry valuation, allocation size, transaction structure, investor rights, lock-in considerations, timelinesand execution terms.• Develop the judgement and credibility required to secure meaningful anchor or pre-IPO allocations in competitivetransactions.• Track the IPO calendar, demand indicators, peer transactions, grey-market and secondary-market signals whileindependently validating fundamentals.2. SME, Pre-IPO and IPO Underwriting• Evaluate promoter quality, governance, related-party transactions, auditor history, capital allocation and thecredibility of reported financials.• Assess whether a business has sustainable growth, a defensible moat, consistent profitability, scalable uniteconomics and the ability to outperform its industry.• Analyse issue structure, use of proceeds, dilution, pre-IPO placements, offer-for-sale components, lock-ins,liquidity and expected post-listing supply.• Form a clear view on listing-day risk, short- to medium-term price discovery and the longer-term investment case.• Reject transactions where governance, valuation, liquidity or execution risk is not adequately compensated,irrespective of market momentum.3. Fundamental Research and Primary Due Diligence• Build integrated financial models, valuation frameworks and scenario analyses for prospective and existinginvestments.• Conduct management meetings, plant visits, customer and supplier checks, distributor interviews andindependent industry validation.• Test management guidance, working-capital assumptions, cash conversion, related-party exposure and quality ofearnings.• Prepare concise, decision-oriented Investment Committee papers with thesis, valuation, catalysts, downsidecases, governance assessment and exit triggers.4. Portfolio Construction and Trading• Construct and actively manage a high-conviction portfolio across listed equities, SME securities, IPO anchors, pre-IPO investments and permitted equity-linked instruments.• Determine position sizes based on conviction, liquidity, free float, lock-in, downside risk, governance and portfolioconcentration.5. Risk, Governance and Compliance• Apply heightened scrutiny to governance and liquidity risks inherent in SME and emerging-company investing.• Ensure investments comply with fund mandates, internal limits, regulatory requirements and Investment6. Investor Communication and Team Leadership• Contribute to monthly factsheets, performance commentary, investor presentations, due-diligence questionnairesand portfolio reviews.Candidate ProfileRequired Experience• 15 - 20 years of relevant experience in Indian public equities, investment banking, merchant banking, PMS/AIF/fundmanagement, pre-IPO investing or institutional broking.• Demonstrable experience in SME IPOs, Mainboard IPOs, pre-IPO transactions or emerging-company investing.• A strong network among merchant bankers, investment banks, brokers, promoters and transaction advisers ishighly preferred.Technical and Commercial Skills• Advanced financial modelling, accounting analysis, valuation and portfolio analytics.• Commercial negotiation and transaction structuring skills, including the confidence to negotiate directly withbankers and promoters.• Ability to make high-quality decisions under compressed IPO timelines and imperfect information.• Excellent written Investment Committee communication and strong verbal presentation skills.• Comfort with extensive travel, management meetings, plant visits, market networking and relationship-drivensourcing.Qualifications• MBA (Finance), CFA, CA or equivalent qualification preferred; a strong investment track record and relevantnetwork may be considered equally important.What Success Looks Like• A differentiated and repeatable pipeline of proprietary SME-Midcap, pre-IPO and anchor opportunities.• Clear evidence of valuation discipline, governance filtering and effective downside management.• High-quality portfolio communication and strong collaboration with research, operations, compliance andinvestor-relations teams.Investment Philosophy• Invest before institutional discovery, but never compromise on governance, diligence or valuation discipline.• Focus primarily on businesses with market capitalisation of approximately INR 500 crore to INR 4,000 crore atentry.• Combine fundamental research with local networks, transaction access and capital-markets intelligence.• Use IPO and post-listing momentum as an input to execution and portfolio management, not as a substitute forunderwriting.• Preserve capital through disciplined sizing, active monitoring and timely exits while pursuing asymmetric upside.